Bitcoin (BTC)

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Bitcoin (BTC) is a pioneering digital currency invented by a yet-unknown individual or group of individuals presented as Satoshi Nakamoto. Early development began in 2008, during the financial crisis of 2008, with the landmark paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” being released on October 31, 2008. The primary purpose of Bitcoin is in the space of P2P financial transactions, though some supporters envision it more as a store of value.

Often called “Digital Gold” for its monetary properties which are similar to gold, the enduring popularity and market resilience of Bitcoin has encouraged the growth of other cryptocurrencies, and as a result it has come to be known as the “mother” or “father” of all cryptocurrencies. Initially limited to all but the most ardent technology enthusiasts, Bitcoin was responsible for convincing the masses that a P2P financial system devoid of middlemen and centralized was in fact possible, a characteristic made possible through its Proof-of-Work consensus algorithm which incentivized good behavior.

Since its inception in early 2009, Bitcoin has been through a number of changes and incidents, yet continues to thrive as the most popular token in the cryptocurrency market. This includes the famous Mt. Gox incident and several such cycles of price spikes and drops. The enduring nature of Bitcoin is a quality that is highly cherished by its proponents. Many tokens have been inspired by it, including similarly envisioned token Litecoin (LTC), which is often said to be the silver to Bitcoin’s gold. Because of the popularity and established nature of Bitcoin, it is often the base pair with which other cryptocurrencies are traded.

In this tag, read Bitcoin (BTC) news, price predictions, opinions and analyses created by users.

The past 10 days have been a rollercoaster after the entire cryptocurrency market managed to wipe out around $60 billion in value - in fact, the total was much closer to $65 billion. Unsurprisingly, this market wipeout coincided with the Bitcoin pric...

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Perhaps one of the most misguided and incorrectly stated views in crypto-trading is that altcoins are tied to bitcoin. It's a view so many people have that is incredibly incorrect that I thought I would discuss the topic today. The view comes from th...

This article is better experienced with the following song IMO (play before reading) Note: This article is part 1 of "0.3 Satoshi's" a mini-series of articles related to the creator of Bitcoin and the Blockchain. I am not Satoshi Nakamoto (obvio...

Note: This is not financial advise, for educational purposes only. Do your own research (DYOR) When I first got into the crypto space, I've noticed that a lot of YouTubers and content creators, in general, were relying heavily on technical analysis...

Navigating your way around the complex world of cryptocurrency security can be harder than finding your way out of the back streets of Bognor blindfold. This article explains why you can be confident your crypto – including Incent – is safe. If you’v...

Let me be the first to say that Bitcoin was and is a true ground breaker, a great coin, and deserves a lot of credit for popularizing both cryptocurrency and the concept of the blockchain. Although I am generally optimistic about Bitcoin, I have lea...